Electric vehicles are cheaper to fuel in all 50 states, savings between $300 to $1,300 per year

Electric vehicles are cheaper to fuel in all 50 US states, savings between $300 to $1,300 per year It might sound like an obvious thing to most people, electricity is cheaper than gas, but I find that people are not really aware of the electricity rate discrepancy around the US and the world. It’s understandable. Who has time to track electricity and gas prices outside of your own market? Plugless has time and did it. The company came up with a neat study looking at gas prices and electricity rates – without taking into account time-of-use rates where available – in each state over the last year and came to the conclusion that electric vehicles are cheaper to fuel in all 50 states. EV drivers can see savings between $300 and $1,300 per year. Plugless explains that the result is despite gas having a significant advantage over electricity over the time period of the study. See the detail at http://ift.tt/2dHORRQ